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Suppose Hawkeye Inc. has the following information, what is its WACC? It has a 45% corporate tax rate and is funded as follows. $14,000,000 equity

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Suppose Hawkeye Inc. has the following information, what is its WACC? It has a 45% corporate tax rate and is funded as follows. $14,000,000 equity with a return of 16% $6,000,000 debt with a 11% pre-tax cost of debt $2,000,000 preferred with a 13% cost of preferred a) 13.01% b) 14.04% c) 14.36% d) 13.33%

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